https://www.taxtmi.com/highlights?id=69860 Disallowance of CENVAT Credit - activity of purchase and sale of units of Mutual Fund Schemes - trading (exempt) services or not - the activity of redemption and subscription of mutual fund is akin to management of investments and not trading in services, it cannot be held as exempted service, for seeking the reversal as per provisions of Rule 6 of CENVAT Credit Rules, 2004. - AT en-us Sat, 20 May 2023 08:48:30 +0530 Sat, 20 May 2023 08:48:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=69860 Disallowance of CENVAT Credit - activity of purchase and sale of units of Mutual Fund Schemes - trading (exempt) services or not - the activity of redemption and subscription of mutual fund is akin to management of investments and not trading in services, it cannot be held as exempted service, for seeking the reversal as per provisions of Rule 6 of CENVAT Credit Rules, 2004. - AT Highlights Service Tax Sat, 20 May 2023 08:48:30 +0530 https://www.taxtmi.com/highlights?id=69860